The Road Ahead For Corn

President Obama supports ending all direct farm subsidies

June 8, 2012

This was posted quite some time ago, but is definitely worth mentioning here, some quotes from the article/.
“…President Obama is proposing to terminate direct farm subsidies”
“The federal government pays owners of cropland $4.9 billion in “direct payment” subsidies each year.”
“A small share of commodities—corn, sorghum, barley, oats, cotton, wheat, rice, soybeans, and peanuts, received 72 percent, or $160 billion, of all U.S. farm payments and nearly 100 percent of direct payments since 1996. ”
“Livestock producers, fruit and vegetable growers, and the majority of other agricultural producers in the United States receive minimal direct subsidies.”